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Moretonhampstead, Devon

South West

£145,000

Listed on 31/03/2026

Property Details

Bedrooms
2
Type
Commercial Property
Area
1072 sqft

Description

This freehold property presents a promising opportunity for investment in the heart of Moretonhampstead, with a prominent position on Ford Street. Comprising a ground floor retail unit complemented by independent residential accommodation above, this Grade II listed building is ripe for renovation and could be adapted to suit various commercial uses, pending necessary consents. The retail space, approximately 41.2 sq m (444 sq ft), features a well-defined sales area and ancillary facilities, while the upper residential section covers around 58.4 sq m (628.2 sq ft). Given its location within a vibrant town centre and the scenic Dartmoor National Park nearby, this property offers significant potential for value enhancement through thoughtful refurbishment. However, buyers should be mindful of its conservation status when planning renovations, particularly as it requires adherence to preservation guidelines.

Investment Analysis

(TQ13 area)

Below Market Value

This property is priced -60.8% below area average per sq ft

-60.8%
Potential saving
This Property
£135/sq ft
Area Average
£345/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£407,237
10% above area average per sq ft
Potential ROI
+108.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TQ13)

Area prices are falling by -3.5% over the last 12 months
3 year growth: -1.7%
5 year growth: +8.6%
Investment Disclaimer: Analysis based on TQ13 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Moretonhampstead, Devon
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£548
Based on a loan of £108,750 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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